Sorrento Therapeutics Inc (SRNE)

[1776club]

This is what large holders, 13DG, and new acquireing institutions and Fund Filings 13F do... Walk the price down with few shares and pick up shares. small investors go on margin or place stop losses and so the peice is dropped and some holders are forced to sell. So we gain in the number of funds/institutions and shares they hold. This builds interest. They also make profit by shorting a stock directly or by loaning out shares to short. Puts indicate a negative sentiment so if you look at March 19th you will see where this is heading. Short term, a matter of months, this will have a turn and in H2 will start to rise. We need more investors, funds and institutions, that want in and we do not have enough at the moment to move the needle in the direction we desire. At the moment the marketplace is realigning funds and the The NASDAQ Biotechnology Index (NBI) is in free fall along with Sorrento. This will not be pretty for a while so you can lighten your load and try and buy in lower, might miss a jump, or put it away for a year and look at it then. You can keep watch and increase your holdings if it dips below $7, it all depends on your time frame and need for capital. look at the 3 month chart below.
https://www.marketwatch.com/investing/index/nbi
Go take a walk and enjoy life.